The President


Africa Investment Forum 2019: "Africa's time is now!", says Akinwumi Adesina, President of the African Development Bank

At the close on Wednesday of the second edition of the Africa Investment Forum in Johannesburg, African Development Bank president Akinwumi Adesina put the accent on current investment opportunities in Africa and on assuring young African entrepreneurs of the institution's support. During the closing ceremony of AIF 2019, held from 11 to 13 November in the economic capital of South Africa, President Adesina said, "The Africa Investment Forum is the work of a collective, of those who believe in the development of the continent. Africa's time is now and we want to be more inspired and more...

Africa Investment Forum 2019 : la République démocratique du Congo et la République du Congo signent un accord pour accélérer le projet de pont route-rail reliant leurs capitales

De droite à gauche: Jean-Jacques Bouya, ministre de l’Aménagement, de l’équipement du territoire et des grands travaux de la République du Congo ; Akinwumi Adesina, Président de la Banque africaine de développement ; Mme Élysée Munembwe Tamukumwe, vice-Premier ministre du Plan de la République démocratique du Congo et Alain Ebobissé, Directeur général d’Africa50, juste après la signature de l’Accord, à Johannesburg La République démocratique du Congo et la République du Congo ont signé, hier, dans le cadre de l’Africa Investment Forum à Johannesburg, un accord interétatique visant à...

2019 Africa Investment Forum: historic signing of high-speed railway construction concession agreement for Ghana, with the support of the African Development Bank

The African Development Bank has thrown its weight behind a concession agreement for the construction of a high-speed railway in Accra, Ghana’s capital. The signing took place on the opening day of the second Africa Investment Forum, running from Monday to Wednesday in Johannesburg. “It’s a great day for Ghana!” said Ghanaian President Nana Akufo-Addo. “I was here last year and I’m back this year to make sure the project moves forward. This proves how important the Africa Investment Forum is. The signing of this agreement is on track to improve the lives of our citizens.” The Accra...

Africa Investment Forum 2019: "No country on the continent left behind," says Akinwumi Adesina

The President of the African Development Bank Group, Akinwumi Adesina, has given the assurance that no country would be left behind as the institution accelerates its development agenda. “No country is left behind and there will be no country,” Adesina told journalists on Monday at the Africa Investment Forum, held from 11 to 13 November in Johannesburg, South Africa. “We are ensuring that many investments are directed to fragile or low-income countries. We are not afraid to invest in Africa and in so-called ‘at-risk’ countries.” Adesina expects more investments during this second...

Allocution d’ouverture du dîner de gala Forum pour l’investissement en Afrique Johannesburg (Afrique du Sud) 11 novembre 2019 par Dr Akinwumi A Adesina


2019 Africa Investment Forum kicks off delivering on the promise to redefine and unpack the continent’s investment opportunities

$500 million equity closed for the Africa Infrastructure Investment Fund to speed up investments in agriculture Financial close for the Africa Guarantee Fund $175 Equity transaction to support Small and Medium Size Enterprises, and $350 million for South Africa’s beef agro-processing project   The 2019 Africa Investment Forum opened on Monday living up to its promise to move from commitment to action. A $500 million equity deal presented by the Africa Infrastructure Investment Fund last year, to speed up investments in agriculture, and a $175 million equity transaction from...,

Opening Remarks by Dr. Akinwumi A. Adesina, President of the African Development Bank at the Africa Investment Forum 2019, Johannesburg, South Africa, 11 November 2019

His Excellency, Mr. Cyril Ramaphosa, President Of The Republic Of South Africa, And My Dear Brother His Excellency President Paul Kagame Of Rwanda His Excellency President Nana Akufo-Addo, Of Ghana His Excellency President Filip Nyusi Of Mozambique Represented By Prime Minister Carlos Agostinho Do Rosario His Excellency President John Mugufuli Of The United Republic Of Tanzania Represented By Minister Philip Mpango His Excellency President Denis Sassou Nguesso Of The Republic Of Congo, Represented By Minister Jean Jacques Bouya His Excellency President Felix Tshisekedi Of...

2019 Africa Investment Forum: There’s never been a better time to invest in Africa than now, infrastructure, agriculture investment opportunities abound

It was a presidential start on Monday to the African Development Bank’s Africa Investment Forum in Johannesburg, South Africa. Dignitaries and delegates from the continent and around the world gathered to listen to Presidents Cyril Ramaphosa of South Africa, Paul Kagame of Rwanda, Nana Akufo-Addo of Ghana and Prime Minister Agostinho do Rosario of Mozambique.  They engaged in a discussion titled, Invest in Africa’s Space: Conversation with African Heads of State, moderated by Dr. Victor Oladokun, African Development Bank Group Director of External Relations and Communications....,

African Development Bank President Akinwumi Adesina Receives Honorary Doctorate from Bowen University

The President of the African Development Bank, Akinwumi Adesina, has been awarded an Honoris Causa from Bowen University in Nigeria. The award, which was presented at the 14th graduation ceremony of the University held on November 2, 2019, was in recognition of Adesina’s “immense contribution to promoting entrepreneurship on the African continent.” For almost a decade, African youth have continued to benefit from Adesina’s passion for innovation in agriculture as well as other market drivers. Reading his valedictory speech, Adesina urged universities to create an enabling environment...

Remarks by Dr. Akinwumi A. Adesina, President of the African Development Bank Group at the 5th Extraordinary Meeting of the Board of Governors, Abidjan, Côte d’Ivoire, Thursday, 31 October 2019

His Excellency, Mr. Alassane Ouattara, President of the Republic of Cote d’Ivoire Her Excellency, Mme Niale Kaba, Minister of Planning and Development, Governor of the AfDB for Cote d’Ivoire, Chairperson of the Boards of Governors of the AfDB Group Honorable Governors of the African Development Bank Group His Excellency, Mr. Daniel Kablan Duncan, Vice President of the Republic of Cote d’Ivoire His Excellency, Mr. Amadou Gon Coulibaly, Prime Minister of the Republic of Cote d’Ivoire Honorable Heads of Institutions of the Republic of Cote d’Ivoire Honorable Members of...

African Development Bank, New Development Bank partner to deliver life-changing projects for millions of Africans

The African Development Bank and the New Development Bank have signed an agreement to promote new impact projects to improve lives of millions of Africans. Under the deal, the New Development Bank −a multilateral development bank established by BRICS countries of Brazil, Russia, India, China and South Africa – will work with the African Development Bank to jointly identify, prepare and co-finance projects in countries of mutual interest. The two insitutions signed a Memorandum of Understanding agreement on 18 October, on the sidelines of the World Bank annual meetings, formalizing the...

African Development Bank and Three Regional Development Banks Launch Joint Report on Livable Cities

Rapid urbanization has provided most cities in the world with opportunities to provide more sustainable, vibrant, and prosperous centers for their citizens. But they must first address challenges such as inadequate infrastructure investments, pollution and congestion, and poor urban planning, according to a new report released today.  The report, Creating Livable Cities: Regional Perspectives, looks at urbanization trends across emerging and developing economies in Africa; Asia and the Pacific; Eastern Europe, Southern and Eastern Mediterranean; and Latin America and the Caribbean. It...

World Food Prize and World Hunger Fighters Foundation launch fellowship for young African agribusiness innovators

The World Food Prize Foundation and the newly launched World Hunger Fighters Foundation are partnering to provide year-long fellowships for young African food innovators and entrepreneurs. The World Hunger Fighters Foundation will award annual Borlaug-Adesina Fellowships to young Africans to develop new technologies, champion public policy, and develop viable businesses in the field of agriculture. The young leaders will gain experience in international agriculture research centres, including food and agribusiness companies. Felix Tshisekedi, the President of the Democratic Republic of...

Prepare for the agriculture of tomorrow, African Development Bank President challenges high school students at global symposium

Young people from around the world gathered in Des Moines Iowa at the Global Youth Institute on Thursday to interact with Nobel and World Food Prize laureates. This year, 450 exceptional high school students from 10 countries attended the three-day Global Youth Institute hosted by the World Food Prize Foundation to facilitate discussion on pressing food security and agricultural issues. The director of youth leadership development at the World Food Prize Foundation, Kelsey Tyrrell, told the young audience that African Development Bank President Akinwumi Adesina had been invited because...

African Development Bank President Akinwumi Adesina receives Emeka Anyaoku lifetime achievement award

Former Commonwealth Secretary-General Emeka Anyaoku has presented a Lifetime Achievement Award to the African Development Bank President Akinwumi Adesina, describing him and the Bank’s work as “ legendary, unprecedented and worthy of emulation.” The Hallmarks of Labour Foundation presented the Outstanding International Icon Award to Adesina at a ceremony held in Lagos on October 6th. The Hallmarks of Labour Foundation is a non-profit that recognizes Africans who have achieved success through hard work, honesty, integrity, and justice in every field of human endeavour...

UNGA 2019: African Development Bank announces new accountability index to measure institutional lending to women

A new tool to track the level of lending to women across the continent will be important for ensuring women get the critical financial help they need, African Development Bank president Akinwumi Adesina told attendees at a public event held on the sidelines of the UN General Assembly. The Women’s Financing Index, currently under development, will rate banks and financial institutions who apply for loans from the African Development Bank, against the amounts they have lent or are lending to women, Adesina said right before the start of panel discussions organized by the Initiative for...

UNGA 2019: Hands off our girls! African first ladies take campaign against rape, early child marriage, to UN General Assembly

Africa’s first ladies, led by Sierra Leone Fatima Maada Bio brought their campaign to ban early child marriage and sexual violence against women and girls before a global stage in a passionate appeal for the world to support their “Hands Off Our Girls! Campaign. In a no-holds barred conversation organized on the sidelines of the UN General Assembly Wednesday, Bio flanked by her husband President Julius Bio, spoke to “lift the lid of silence” taboo and stigma surrounding rape and early marriage in Sierra Leone and other parts of the continent. The high-level meeting was organised to...

UNGA 2019: Young Africans will “produce the magic” says AU chief as the UN sounds warning on Sustainable Development Goals

Leaders should devise an “incentive structure” to promote a startup culture among young Africans. “I think they will produce the magic,” Albert Muchanga, the African Union’s Commissioner for Trade and Industry, told a gathering on infrastructure at the United Nations on Wednesday. Muchanga said colleagues were working to “harmonise our policies, rules and regulations” to smooth cross-border trade while focusing on the next generation. “We’re not leaving the youth behind. We’re promoting startups among African youth. Because we know that if we localise knowledge and innovation, then we’...

UN General Assembly 2019: Scaling Up Nutrition Lead Group meets to chart way forward

“Energy, passion and a lot of young people who care about nutrition” will underpin the Scaling Up Nutrition (SUN) Movement’s newest phase, alongside stronger private sector engagement, members of the Lead Group heard on Tuesday. The meeting of the group’s leaders took place at the UNICEF headquarters in New York on the sidelines of the UN General Assembly. The participants met to decide on the continuation of the SUN Movement into its third phase (2021-2025) and to make commitments to achieve its key objective – to eliminate all forms of malnutrition by 2030. The SUN Movement was...

UNGA 2019: African Development Bank to help boost climate change adaptation funding to $12.5bn

African Development Bank President Akinwumi Adesina on Tuesday pledged to boost funding commitments by $12.5bn to help countries adapt to the effects of climate change between 2020 and 2025. Addressing UN talks on climate change adaptation, Adesina said the Bank was doubling commitments to climate finance to $25bn for the five-year period, half of which would fund climate adaptation. “This is where the rubber meets the road,” Adesina told members of the Global Commission on Adaptation. “Because many of the countries are facing extreme weather patterns, and they can't wait any more, we've...